Affordable Care Act Update

Rutgers University mandates all full-time students to have health insurance. Students can purchase the school-offered health insurance or waive it with another.

The US Senate recently attempted to replace Affordable Care Act twice but failed to get enough votes to pass. Repealing without replacing it also failed. ACA is here to stay... for now. How is ACA doing? Certain states are doing well but some are not.

How will this affect our students?

1) Young adults would still be able to stay on their parent’s health insurance plan until they're 26 years old.

2) For working students, certain employers are still mandated to provide health insurance to their employees.

3) Students on Medicaid may continue to receive the services although plans are being considered to limit expansion or to impose work requirements.

4) If you are on one of the ACA insurers, you may be affected if ACA fails. The most significant factor is soaring premium costs and limited insurer choices. This can be due to many reasons including 1. rising healthcare cost, 2. weakening individual insurance mandate (no IRS penalties) - discouraging “healthy” people to purchase insurance, 3. reducing subsidies (cost-sharing) to insurers and out-of-pocket costs for low-income individuals, 4. decreasing pool of participating insurers and loss of competition among insurers.

If you are one of many who may be affected, consider looking into the Rutgers University–offered student health insurance serviced by University Health Plans and underwritten by United Healthcare Student Resources . It is a very comprehensive plan with reasonable cost offered on per semester basis (http://www.uhcsr.com).